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$4,824.14. The total cost of the legal fees was $4,824.14. I could have used my uncle the divorce lawyer and saved a few bucks, but that would have been short s
by sabat 19y ago
$4,824.14. The total cost of the legal fees was $4,824.14. I could have used my uncle the divorce lawyer and saved a few bucks, but that would have been short sighted if Truemors ever becomes worth something.
Why?? I have yet to completely understand this. PG, in one of his essays, also says that you should go and pay an expensive lawyer rather than use an incoporating service. Why?
Is there something The Company Corporation is doing wrong that a high-price lawyer would do right? Maybe I don't understand something, but all you're doing is filing some standard legal documents, right?
What is there to do so wrong? $4,824.14? Really?
IANAL obviously. I wish lawyers hung out here. Does anyone have any insight?
- webwright 19y agoI'd love to get some insight on this as well. I've started (and sold) two companies that were incorporated with a cheap-o incorporating service... Did I just get lucky?
- sabat 19y agoI've started (and sold) two companies that were incorporated with a cheap-o incorporating service Wow! That's good to know, thx. The buyers didn't have a problem with the incorporation details? Did the issue come up at all?
- vlad 19y agoDo you think that investors tell new users to spend the most they can on lawyers and incorporation fees at the outset simply to get them to focus on one idea and also feel a money crunch? Steve Pavlina says the only thing you NEED to start a business is an $8 domain name. He suggests entrepreneurs to get one of those free for 6 month web hosting plans.